Table 5 Results of testing the variables... | Emerald Publishing

Table 5

Results of testing the variables associated with the first main hypothesis

Variable	B	Adj R2	R Square	T	Sig.
Hypothesis 1
Board size	−14.717	0.014	0.035	−1.321	0.192
Hypothesis 2
Board composition	−1.258	0.046	0.066	−1.847	0.07 *
Hypothesis 3
Board independence	−0.767	−0.009	0.011	−0.750	0.456
Hypothesis 4
Percentage of foreigners	−1.184	0.202	0.219	−3.671	0.00 ***
Hypothesis 5
Diversity rate in specialisation	1.493	0.047	0.066	1.854	0.069 *
Hypothesis 6
Academic degree of the board (Bachelor’s degree or less)	1.187	0.061	0.080	2.050	0.045 **
Board academic degree (Master)	−1.272	0.054	0.073	−1.951	0.056*
Academic degree of the council (Ph.D. and above)	−0.105	−0.019	0.001	−0.225	0.822
Hypothesis 7
Work environment background for the council (Academic)	−0.779	0.018	0.038	−1.382	0.173
Business environment background of the board (Business)	−0.591	0.014	0.034	−1.317	0.194
The work environment background of the council (Legal persons)	−0.535	0.022	0.042	−1.451	0.153

Variable	B	Adj R2	R Square	T	Sig.
Hypothesis 1
Board size	−14.717	0.014	0.035	−1.321	0.192
Hypothesis 2
Board composition	−1.258	0.046	0.066	−1.847	0.07 *
Hypothesis 3
Board independence	−0.767	−0.009	0.011	−0.750	0.456
Hypothesis 4
Percentage of foreigners	−1.184	0.202	0.219	−3.671	0.00 ***
Hypothesis 5
Diversity rate in specialisation	1.493	0.047	0.066	1.854	0.069 *
Hypothesis 6
Academic degree of the board (Bachelor’s degree or less)	1.187	0.061	0.080	2.050	0.045 **
Board academic degree (Master)	−1.272	0.054	0.073	−1.951	0.056*
Academic degree of the council (Ph.D. and above)	−0.105	−0.019	0.001	−0.225	0.822
Hypothesis 7
Work environment background for the council (Academic)	−0.779	0.018	0.038	−1.382	0.173
Business environment background of the board (Business)	−0.591	0.014	0.034	−1.317	0.194
The work environment background of the council (Legal persons)	−0.535	0.022	0.042	−1.451	0.153

Source(s): Authors’ work from the results of the SPSS program